In this issue

In this edition we examine the requirements of the new leases standard, IFRS 16 Leases and some of the impacts this may have for your business.

We also look at the International Accounting Standards Board’s recent amendments to IAS 7 Statement of Cash Flows and IAS 12 Income Taxes as well as why AASB 9 makes using options as hedging instruments more appealing.

Lastly, we draw your attention to some changes proposed by the Australian Securities and Investments Commission to class orders that would otherwise expire due to sunset clauses.